Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.72% | +0.45 | 1.27% |
| Return on Equity (%) | ▲ | 14.58% | +5.17 | 9.41% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.28 | 4.18% |
| Efficiency Ratio (%) | ▲ | 48.30% | -8.78 | 57.08% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.58 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.13 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $280 | +53.98 | $226 |
| Gross Loans ($M) | ▲ | $186 | +40.91 | $145 |
| Loan Growth YoY (%) | ▲ | 75.42% | +1.44 | 73.99% |
| Total Deposits ($M) | ▲ | $244 | +49.96 | $194 |
| Shareholders Equity ($M) | ▲ | $35 | +4.13 | $30 |
| Tang. Book Value ($M) | ▲ | $30 | +4.22 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +4.07 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 75.42% | +1.44 | 73.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | 0.00% | 1.05% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▅▆▆█ | Net Interest Margin (%) | 3.87% | 3.92% | 3.85% | 4.18% | 4.18% | 4.26% | 4.25% | 4.46% |
| ▁▁▂▄▅▆██ | Return on Assets (%) | 0.90% | 0.95% | 1.08% | 1.27% | 1.35% | 1.44% | 1.64% | 1.72% |
| ██▆▅▃▃▁▁ | Efficiency Ratio (%) | 63.6% | 63.1% | 59.6% | 57.1% | 54.0% | 52.9% | 48.8% | 48.3% |
| ▇█▅▄▂▅▃▁ | Cost of Funds (%) | 1.95% | 2.00% | 1.87% | 1.85% | 1.77% | 1.89% | 1.81% | 1.72% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▂▄▅▆█ | Tang. Book Value ($M) | $25 | $25 | $26 | $26 | $27 | $28 | $29 | $30 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $116 | $124 | $126 | $145 | $160 | $168 | $175 | $186 |
| ▁▂▃▃▆█▇▇ | Total Deposits ($M) | $171 | $186 | $193 | $194 | $231 | $257 | $241 | $244 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |